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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Arrow Exploration Corp. | LSE:AXL | London | Ordinary Share | CA04274P1053 | COM SHS NPV (CDI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.75 | 3.41% | 22.75 | 437,931 | 16:26:21 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 22.50 | 23.00 | 22.75 | 22.35 | 22.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | USD 44.67M | USD -1.11M | USD -0.0039 | -100.00 | 62.89M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:29:18 | O | 20,000 | 22.86 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 28/11/2024 | 11:32 | ALNC |  Arrow Exploration reports strongest ever quarterly figures |
| 28/11/2024 | 07:00 | UK RNS | Arrow Exploration Corp. Q3 2024 Interim Results |
| 11/11/2024 | 07:00 | UK RNS | Arrow Exploration Corp. Fifth Ubaque Horizontal Well Results |
| 27/9/2024 | 06:00 | UK RNS | Arrow Exploration Corp. Arrow Announces AGM Voting Results |
| 23/9/2024 | 06:00 | UK RNS | Arrow Exploration Corp. Fourth Ubaque Horizontal Well Results |
| 12/9/2024 | 06:00 | UK RNS | Arrow Exploration Corp. Arrow Announces Grant of Stock Options |
| 29/8/2024 | 06:00 | UK RNS | Arrow Exploration Corp. Third Horizontal Well Results and Q2 2024 Results |
| 21/8/2024 | 06:00 | UK RNS | Arrow Exploration Corp. Arrow Announces Filing of AGM Materials |
| 14/8/2024 | 06:01 | UK RNS | Arrow Exploration Corp. TR-1: Notification of major holdings |
| 14/8/2024 | 06:00 | UK RNS | Arrow Exploration Corp. TR-1: Notification of major holdings |
Arrow Exploration (AXL) Share Charts1 Year Arrow Exploration Chart |
|
1 Month Arrow Exploration Chart |
Intraday Arrow Exploration Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 03/12/2024 | 08:09 | Arrow Exp - The Second Phase Colombian O&G Sector Specialist | 10,065 |
| 29/11/2023 | 07:53 | Arrow Exploration | 111 |
| 04/1/2022 | 12:39 | Arrow Exploration | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 16:29:19 | 22.86 | 20,000 | 4,572.00 | O |
| 15:53:04 | 22.75 | 20,000 | 4,550.00 | O |
| 15:52:44 | 22.85 | 50,000 | 11,425.00 | O |
| 15:35:25 | 22.73 | 22,138 | 5,031.97 | O |
| 14:43:25 | 22.41 | 5,000 | 1,120.50 | O |
| Top Posts |
|---|
Posted at 30/11/2024 12:58 by chessman2 Excellent information Charley as it shows the AXL current share price is much underrated.I believe December and January will show a much increased share price here. |
Posted at 29/11/2024 14:35 by mount teide UncleOswald - many thanks for your thoughts - much appreciated.As we run down the twilight days of 2024 and begin to think about the prospects for Arrow in 2025 some thoughts: The very low cost, high impact horizontal drilling programme in the Ubaque at Carizalles Norte is not only continuing to meet or exceed modelled expectation but, is proving extremely reliable throughout the length, breadth and depth of the huge Ubaque reservoir and, has derisked further horizontal development to both the north and south of the current horizontal wells. This bodes very well for the horizontal drilling programme in 2025, and potentially at: * Baquiano/Alberta - which is on trend with the Carrizales Norte field and looks remarkably like its twin in many respects: The aerial extent of the Baquiano three-way structural closure against a fault, is similar in size to the original Carrizalles Norte Prospect - ie: 1,850 metres(1.15 miles) x 375 meters(0.24 miles). With similar targets: C7, Guadalupe, Gacheta, & Ubaque Located approximately 3.5 km northeast of the Carrizales Norte discovery(itself, a step out of the Carrizales Field) on the same fault trend, in a basin where historically, exploration drilling on a three way structural closure against a fault has delivered a circa 90% CoS. * Oso Pardo - has similar reservoir thickness & characteristics to CN's Ubaque The proposed partnership with Canacol to develop the extension of the field into the adjacent VMM2 block is tremendous news, however, the icing on the cake from this arrangement will surely be the opportunity to explore the conventional prospects across the length and breadth of this huge block, which has a gross size of 72,500 acres - larger than our gross 65,154 acre Tapir Block. A VMM-2 Block partnership deal with Canacol has the potential to deliver a highly material further step-change in the company's development by more than doubling the company's land under license for conventional O&G E&P operations and its P2 reserves. In light of the above and drilling inventory out to 2027 of very low cost, ultra quick payback, very high return production development and low risk exploration prospects, Some food for thought: Arrow Exp share price is up 24% YTD Perex Resources share price is down 40% YTD(US$1.02 billion fall in market cap) - a drop of more than 12 times Arrow's current market cap! Parex has returned to shareholders US$1.35 billion in dividends and share buybacks over the last 5 years......that's 3.17 times Arrow's current market cap EVERY YEAR since 2018! The recent heavy fall in Parex's shareprice was the result of a disappointing performance at one of what was previously described as its 'key growth drivers in the company's long term planning - the Arauca Asset', where Parex has a 50% Participating interest with NOC Ecopetrol. 'The primary event and circumstance that led Parex to withdraw the long term plan is due to Arauca underperformance, with the drilling and subsequent results being materially lower than Management’s expectations.' Parex recently revised down Arauca production guidance for 2024 down from 5,000 bopd to 500 bopd. “Today, we have announced revisions to our outlook, primarily driven by lower-than-expected results at Arauca, which have materially impacted our production view for 2024. Our long-term profiles at LLA-34(Llanos Basin), Cabrestero and Capachos underpin continued shareholder returns, and we are taking meaningful and immediate steps to position Parex to deliver,” commented Imad Mohsen, President & Chief Executive Officer. This could well result in Parex Resources, the largest O&G license land owner in Colombia, which recently acquired large tracts of unexplored acreage surrounding the Tapir Block, secured in an off tender deal during the last Government O&G license auction, to run their slide rule over Arrow a little earlier than they may have been previously planning......as an offer in this current weak priced oil market even at 2-3 times Arrow's current market cap would represent far better value compared to the shareholders funds they have spent over recent years increasing production organically on their own acreage. AIMHO/DYOR |
Posted at 28/11/2024 09:46 by kaos3 i asked my selfhow come axl got such a good acerage with 3d shot i think axl had no problems buying it axl had no probelm getting development financing axl got extremely good deal as a micro oiler with big boys like trafigura - buying at the well head axl got superb management axl never had any problems with the government, even with the strike etc what is going on? too good to be true that was the start of my thinking journey |
Posted at 16/11/2024 11:25 by pogue Share buybacks would have to be resold at a later date otherwise the capital is wasted propping up the share price for no reason it would then be worse than a divi. So at a later date will shareholders be happy as the company sells shares to the market when the price is higher thus slowing down a rise?The share price is only of concern if you are trading it, if you believe the fundies its a buying opportunity. Drill baby drill ;0) |
Posted at 13/11/2024 09:01 by dunns_river_falls Arrow is the cheapest O+G company with no debt based on a forward 1yr P/E ratio. Although it is neck and neck with PTAL. Most are in a P/E range of 5-10. AXL is 3.5, and with the rapidly growing production, its probably on a P/E of under 3. Which is crazy considering the growth trajectory and super netbacks even with oil at $70.My take is that there is a seller, and investors see the downtrend and wait for the turn before committing. While its hugely frustrating that the current share price does not reflect the progress that has been made, hopefully that will correct itself in due course. Otherwise there is likely to be a competitor who sees the cash balance, and the premium acreage and the value on offer. It would be a shame to have a takeover offer while the share price is below 50, but each day the cash balance goes up and the market cap goes down, it becomes increasingly likely. Agree about some director buying being a good shot in the arm. See JSE this morning. |
Posted at 12/11/2024 18:16 by mount teide Share-price has moved down from 32p on low trading volumes - average daily transaction volume over the last few months has been £150k-175k.....backgThe huge step change improvement to the investment case from the remarkable production performance of the CN horizontal wells, has been layered on top of an already outstanding investment case from the organic doubling of production ALL from cash flow in 2023 - a feat which alone elevated AXL in 'value' terms into a market anomaly at an average 18.5p shareprice. On 19th June 2024 AXL announced the much anticipated result of the 'Proof of Concept' first CN Horizontal well which greatly exceeded both the modelled and market expectation....the shareprice responded by increasing from 20p to 26p over two days. The next four CN horizontals added a combined IP of 5,394 bopd net - 186% of the total company production at the end of Q1/2024, immediately prior to spud of the first CN Horizontal well. Production of 2,900 bopd supported a Market Cap of £57m in late March 2024. 5,692 bopd net of additional IP from four ultra low cost and high cash flow generating CN horizontals as of today has added a paltry additional £8m to the market cap! However, take off the £5m increase in cash - this means the highly successful CN horizontal well drilling programme to date is currently being given a circa £3m valuation by the market! This is probably equivalent to a month's combined cash flow from the horizontal wells. So, by the end of November - ALL the CN horizontal wells will be in the share-price for FREE! IMO - AXL is now a "deep value" growth stock, which is extremely cheap relative to its fundamental worth and future low risk potential. The share-price is what would be expected were oil at $45/bbl rather than averaging $82 YTD and currently trading in the $70-$75 range AIMHO/DYOR |
Posted at 12/11/2024 10:21 by ashkv Brent not helping and LSE/Aim market is numb to good news in the E&P space.Aquis Exchange sold for more than 2x what it was trading on AIM!!! Jadestone Energy had no reaction post a very positive RNS yesterday /11 Nov 24 similar to AXL which had an unexpected negative share price reaction. Today another firm I invest in small UK E&P firm Star Energy (Prior IGAS) announced a sale of land attached to a decommissioned well site equivalent to 70% of its market cap - and the share price has only moved 15 to 20% EV/Flowing EBITDA lower than Gulf Keystone for a UK Brent producer which has minimal or likely zero net debt post land sale RNS, GBP 237 million of tax losses, 17mn 2p reserves and manageable long dated decommissioning provisions... |
Posted at 11/11/2024 09:09 by ashkv Post today's RNS and share price reaction on marginally lower production the Enterprise Value for 5,300 barrels of crude oil production is USD 86 million for a zero debt, net cash $18mn firm with many exciting drilling prospects!!UNREAL!!! AXL Share Price -> 23.27p AXL Current Share Price vs 52 Week low of 17p on 15 Nov 23 -> 36.88% AXL Current Share Price vs 52 Week High of 33p on 27 July 24 -> -29.48% Brent -> $74.00 Market Cap (GBP) -> £66,520,634 GBPUSD -> 1.290 Market Cap (USD) -> $85,811,618 Production Average FY 2022 -> 1,345 Production Average Q1 2023 -> 1,635 Production Average Q2 2023 -> 2,169 Production Average Q3 2023 -> 2,518 Production Average Q4 2023 -> 2,335 Production Average FY 2023 -> 2,167 Production Average Q1 2024 -> 2,730 Production Average Q2 2024 -> 2,546 Production Levels 23 Sep 24 -> 5,835 Production Levels 11 Nov 24 -> 5,305 Net Cash (1 Nov 24) -> $18,000,000 Inventory (Q1 2024 Results) -> $492,240 Debt -> NIL DEBT Enterprise Value(EV) (Market Cap + Debt - Cash) -> $67,811,618 EV/Barrel 11 Nov 2024 Production -> $12,783 EV/Barrel Q2 2024 Production Avg -> $26,635 EV/Barrel Q1 2024 Production Avg -> $24,839 Decommissioning liability (Q1 2024 Results RNS) -> $4,282,861 2P Reserves (Year End 2023) -> 11,847,000 EV/2P -> $5.72 Shares Outstanding -> 285,864,348 Shares Outstanding (Diluted) -> 292,791,385 Net Cash Plus Inventory Component of AXL share price -> 5.01p |
Posted at 24/9/2024 09:48 by 11_percent yousif,Long term daily. 50 dayMA = 30.00 100 dayMA = 26.36 200 dayMA = 23.5 The last 2 spikes.....sp went under the 200 dayMA......I don't see this happening this time.......because in the past we had good reason to go under the 200 dayMA...that is the warrants issue and the Canacol share fire sale.......we don't have this, this time. However....remember, as a rule, there is no shame in a share price going under the 200 dayMA. free stock charts from uk.advfn.com ==================== 3 month daily. the turn was on the day of the RNS that reported the results of CN HZ4...which were good. Ok...you could say that the share price got ahead of its self.....well over all 3 of the MAs. ....it was time to take some profit......they decided to sell into the strength of the RNS. As a rule...........and we got a 3 week down trend. We went down trough the 50dayMA....and close to the 100 dayMA....a low of 26.5. Given the stream of good news.....and good sentiment here...that looks like a good re-trace. The graph looks good.......we have the sp, and 50, 100 and 200 dayMAs moving up in turn. However....as I have said in the past....32....is a pivot point.....we got a false breakout over 32....which did not hold....its all about 32. Momentum gone from -5 to just over zero. free stock charts from uk.advfn.com ==================== 1 year, weekly chart. Ignore the MAs, etc, they are wrong on a weekly chart. Ok...this is the one that counts. We got that 1 bar blow off top.....an engulfing bar to the down side....which closed below the low of the previous bar......a REVESAL.....it does not get any bearish than that. Given that 1 bar reversal.....the odds were were for a further fall in the next week.....and we got it. Then the 3rd negative bar.....that's 3 weeks..... Its a pity we did not get the 1 bar reversal last week....it was close but did not happen. However....if this share price holds....we will have a 2 bar REVERSAL to the up-side at the end of this week. RSI = 57...so not that high. My guess.....its going higher. Lets get to the Pivot Point at 32......and see what happens....it will fall one day. There is a small gap from 2 days ago......which I would like to see filled. free stock charts from uk.advfn.com ==================== So, in summary.......the graph looks good......sp is over the 50 dayMA (just)..........with the other MAs moving up in sequence.....a bullish configuration. Its all about 32. |
Posted at 23/9/2024 14:00 by ashkv AXL Share Price -> 29.50pAXL Current Share Price vs 52 Week low of 17p on 15 Nov 23 -> 73.53% AXL Current Share Price vs 52 Week High of 33p on 27 July 24 -> -10.61% Brent -> $75.00 Market Cap (GBP) -> £84,329,983 GBPUSD -> 1.330 Market Cap (USD) -> $112,158,877 Production Average FY 2022 -> 1,345 Production Average Q1 2023 -> 1,635 Production Average Q2 2023 -> 2,169 Production Average Q3 2023 -> 2,518 Production Average Q4 2023 -> 2,335 Production Average FY 2023 -> 2,167 Production Average Q1 2024 -> 2,730 Production Average Q2 2024 -> 2,546 Production Levels 23 Sep 24 -> 5,835 Net Cash (1 Sep 24) -> $15,000,000 Inventory (Q1 2024 Results) -> $492,240 Debt -> NIL DEBT Enterprise Value(EV) (Market Cap + Debt - Cash) -> $97,158,877 EV/Barrel 23 Sep 2024 Production -> $16,651 EV/Barrel Q2 2024 Production Avg -> $38,161 EV/Barrel Q1 2024 Production Avg -> $35,589 Decommissioning liability (Q1 2024 Results RNS) -> $4,282,861 2P Reserves (Year End 2023) -> 11,847,000 EV/2P -> $8.20 Shares Outstanding -> 285,864,348 Shares Outstanding (Diluted) -> 292,791,385 Net Cash Plus Inventory Component of AXL share price -> 4.07p |
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